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Of the white house counsel of economic advisors and joins us now. with this job number that came out today, you get the idea that things are looking really good, but take a look at this in terms of inflation and what the american consumer is feeling. groceries up 20%, gasoline up 45%. energy costs of 38%. consumer prices up 19%. credit card debt up 44%. real average hourly earnings down 2.63%. so when the president touts bidenomics and says everything is great, do you understand why people at home aren t feeling it yet? well, john, we know we have one of the most persistently strong labor markets this country has ever seen. not only is this labor market continually offering up large numbers of good jobs to working americans. as you said, 272,000 jobs in may. the expectation was for well below that, but we are also ....
American economic situation right now while you often hear this white house tout earnings are up, not when you account for inflation, it s gobbling everything under. under the president, real earnings are down 2.63%. that s tough. this is an economy adviser to the president making the case that we have asked about that too much now, the media. listen. they are tired of paying higher prices and they think the president is at least in part to blame. look, i hear where you are coming from and i get this question all the time but i feel like that line of questioning is starting to get a little bit stale. sandra: i can promise you we will keep covering it and keep asking. meanwhile, about this, new york post headline, new york loses ....
We re on the verge of a lot of roads crumbling. nobody is talking about that. nobody is talking about the inflation of gas prices. people are not talking about the war on russia and ukraine. they re not talking about the oil and what this is costing the american people. people have to understand that people go to work to make a living. we don t go to work to put gas in our car. sometimes we have to be more human and understand our family units. i don t think that a lot of candidates are thinking about that. they re still talking about stump speeches and feel good speeches. at the end of the day, how as americans how are we going to survive as people. martha: deb, what do you think matters as you look to mid-terms and how is the country doing as a whole? inflation has to be number 1. the egg prices here in norwalk were about 79 cents before easter. they re $2.63 a dozen right now. ....
Welcome back. one of the key questions surrounding the conflict in ukraine centers on the economy. will russia, one of the world s biggest suppliers of oil, keep it flowing to the west? nbc s tom costello reports. if you pump gas or pay a heating bill, you re already on the economic frontlines of the showdown in ukraine. home heating oil up 56% in a year. gasoline now averaging $3.51 nationally, up from $2.63 a year ago. already expensive and now it s like outrageous. i would spend maybe about $100 or so per week, but now i m going up to about $200 per week. a strong economy and inflation sent prices soaring last year, it s the showdown in ukraine helping to drive prices higher now. russia is a member of opec. and the world s third largest ....
THE STANDARD By Andrew Kipkemboi | February 8th 2021 at 00:00:00 GMT +0300 “Mass failure!” screamed the national dailies last week. The results of tests taken by two classes - Grade 4 and Standard 8 - that reported back after the Covid-19 pandemic, make for depressing reading. Obviously, this will call for serious soul-searching and hand-wringing in the education sector. Ten years ago, reports that Standard 8 children could not do basic Standard 2 arithmetic or Standard 6 pupils could not string a simple sentence, caused an outrage. Then, the blame was heaped on the discredited 8-4-4 system which many dismissed as exam-obsessed and where rote-learning had taken root. ....